Lakefront Restaurant Bar for Sale in Wayne County, MI

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Financial Details

Asking Price:
$850,000
Annual Revenue:
$1,400,000
Profit Metric:
Cash Flow
Location:
MI, US
Source:
Date:
September 15, 2025

Key Highlights

Prime Lakefront location in a busy downtown district with surrounding residential and commercial properties.
Newly built (2023) restaurant/bar with custom, high-end décor and a fully equipped, brand-new kitchen.
Significant growth potential through marketing, extended hours, and adding Keno, driven by current owner's lack of advertising and partnership conflict.

Description

This is a prime opportunity to acquire a well-established, newly constructed Lakefront Restaurant and Bar located in a vibrant downtown district within Suburban Wayne County, Michigan. Established in March 2023, this custom-built establishment boasts an approximate build-out cost of $1.45 million, featuring tasteful, high-end décor exceeding $150,000. The fully equipped kitchen is in brand-new condition, with all equipment regularly serviced and maintained. The extensive menu offers a wide variety of appetizers, salads, steaks, seafood, chicken, pizza, burgers, sandwiches, desserts, and a full drink menu, complemented by live entertainment Thursday through Saturday. The business is situated across from a lake, surrounded by ample residential and commercial properties. Current owners do not engage in advertising, presenting a substantial opportunity for a new owner/operator to drive significant growth through creative marketing, extending operating hours, and introducing services like Keno. The sale is motivated by a partnership conflict, offering endless possibilities for an owner with a vision. The property is leased, and the owner is willing to provide training. This is a must-see business with immense potential.

Industry Information

Industry Description:
Food & Beverage: Bars, Clubs, Nightspots
Classification:
Restaurants & Food

Operational Snapshot

Year Established:
2023
Employees:
16
Reason for Selling:
Partnership Conflict

Real Estate & Lease

Status:
Leased

Broker Contact

Name:
Armen Nazarian
Company:
Business Broker Network

Listing Details

Listing ID:
f9b086ef-7493-4e12-ae92-75cd0486efe6
Source Listing ID:
990449
Deal Status:
For Sale
Last Updated:
September 15, 2025
Currency:
USD

Features & Tags

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